Overview

Some owners choose to live in their properties while others choose to rent their investments. We steer owners toward solid research and sound information to help them make decisions that will maintain or increase the value of their assets long-term. While you are holding onto your investment, a sound strategy is to take advantage of daily or long-term apartment rental market of Kiev and Odessa.

 

Tenants

Our property management service will not only assist you with finding perfect tenants, but also free you from the hassles associated with renting out a property, especially when the owner lives outside of Ukraine. We take it upon ourselves to take care of all the legal formalities including lease documents, insurance, utility payments and so on.

 

Analysis

Whether you already own a property or are considering purchasing one, UA Realty Group will put together a comprehensive strategic plan that is formulated and customized according to the specific needs of the individual property. If you already have a property, we will evaluate its potential and provide with a pro forma analysis of how well we think your property will do.

 

Our analysis will address all of the points including:

· Potential daily rate on the short-term market (central apartments only)

· Potential long-term monthly rent (central and other locations)

· Occupancy rate

· Maintenance costs

 

We offer two types of property management:

1. Sub lease of property. This type of property management arrangement guarantees the owner a flat, pre agreed monthly rental income and removes all the hassles associated with property maintenance.

 

2. Proportional gross revenue sharing. In this type of management, we share the ups and downs of the daily rental market (ideal for central apartments only) and maximize the returns.

 

LANDLORDS

The owners vary from European investors holding multiple properties in Kiev and Odessa to Americans interested to protect their accumulated wealth from the weakening dollar. Some use it as a vacation property during their visits and rent it out the rest of the time, while others rent it out exclusively 100% of the time. We also handle a number of properties which belong to Russian speaking clients, either residing in Russia, Ukraine who are interested in realizing the absolute optimal return on their investments via daily rent.

 

Income Optimization

Did you know that your property could be rented out possibly for 50% more than its current price, simply by adding a few relatively inexpensive items or updating some furniture? Most owners are not fully aware that few basic revisions of equipment or furniture in the apartment can dramatically increase the occupancy rate along with property’s market rate. We have over 10 years of experience under our belt and can promise you that with some basic additions to the apartment, we can do the same for you. Don’t believe us? Give us a call - the advice is free.

 

SERVICE COSTS

We pay you rent – either a monthly flat rental, just like any tenant would if they rented a property from a landlord or a varying monthly amount if you enter into a proportional agreement in which case we charge a predetermined percentage of gross income revenue, thereby optimizing your income during particularly busy periods and allowing you to participate in profit sharing. All of our fees and compensations are offset against the monthly rental revenue.

 

ADVANTAGES OF WORKING WITH UA REALTY GROUP

· We take on full responsibility for your property and remove all the hassles of arranging any repair work that comes along with standard maintenance.

 

· We provide you with timely, transparent and accurate monthly accounting statements - illustrating revenues and expenses. For daily rent, we offer real time online availability calendar which shows exactly when your apartment is booked and when it is vacant.

 

· We have offices located in the very center of Kiev and Odessa with dozens of employees ranging from repair staff, accommodation managers, drivers, etc.

 

· We have reputation and references of honest and ethic work from almost 10 years of experience working in the Kiev and Odessa rental market with proven results.

 

· We are setup as legal entities in both United States and Ukraine (corporation in State of New York and LLC in Ukraine) with a corporation documents available on display in our office. We pay taxes in both United States and Ukraine through our corporations.

 

· 100% of the owners who have entered into a contract with us have renewed it the following year (except those who chose to sell their property).

 

RETURN ON INVESTMENT

Annual return on your property is based on many factors. At the moment, Kiev and Odessa real estate markets are filled with opportunities. Prices are down to 2004 levels and still declining. It is perfectly reasonable to expect a 10% - 20% net return on a wisely purchased property through either short or long term rentals (we can assist with the purchase process). Annual returns of 20% have been reached in a number of cases.

Visit our Investments section to get more information and some specific case examples if you are considering entering Kiev or Odessa real estate market.

 

REFERENCES

Entering into a property management agreement is a serious decision that requires careful consideration. We encourage our landlords to do their research and come to their own conclusion that we are the perfect management company for your property. We desire to work only with owners that want to achieve optimal return on their property.

 

We will be more than happy to schedule a visit in our office or at your property and give you a realistic assessment of what you can expect from us and provide you with easily maneuverable pro forma statements, which can be altered according to the market conditions which you expect. We will also be more than happy to provide you with a list of our current owners, their references and contacts so you can make your decision based on not only what we have to say - but what our landlords have to say too!

 

How do I submit my property or receive more information?

 

If you already have a property you own which you would like us to evaluate, please use the property assessment form.

If you simply would like to get more general information, please submit your details to our email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call us at any of the following phone numbers: Ukraine + 38-093-017-7717, United States: (800)-601-3327, United Kingdom: (800)-601-3327.